Moody’s Analytics on Stablecoin Depegging

Stablecoins | Nov 14, 2023 Moody's Analytics reports 609 instances of large fiat-backed depeggings so far in 2023, launches digital asset monitor tracking system In 2023, the cryptocurrency market has witnessed a significant number of depegging events among large-cap stablecoins.  Depegging refers to the fluctuation of stablecoin prices by more than three percent in a

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